TED Talks
TED: Capitalism will eat democracy -- unless we speak up | Yanis Varoufakis
Have you wondered why politicians aren't what they used to be, why governments seem unable to solve real problems? economist Yanis Varoufakis, the former Minister of Finance for Greece, says that it's because you can be in politics today...
ACDC Leadership
Key Graphs of AP Macroeconomics
It's time to review the 5 key graphs of macroeconomics. Make sure to watch the videos explaining each graph.
ACDC Leadership
Are you faster than Clifford? Macro Edition
Can you draw the graphs of macroeconomics faster than me? Also, share this video with your teacher and see if he or she can beat my best times. Here are my times: 14 seconds- AD/AS showing recessionary gap 21 seconds- Money market with...
ACDC Leadership
Macro 3.4- The Phillips Curve (Short and Long Run)AP Economics
Mr. Clifford's explanation of the short run and long run Phillips curves. In the short run, there is a negative relationship between inflation and unemployment. In the long run, there is no trade-off between inflation and unemployment....
ACDC Leadership
Review Activity- What's Wrong with this Picture?
This activity is designed to help you master the key graphs of macroeconomics or microeconomics. If you can spot what’s wrong with each graph you will be less likely to make those mistakes. The handout for the activity is free and is...
Institute for New Economic Thinking
Curriculum Reform & Rethinking Economics
Mainstream economic theory has been increasingly questioned following the Global Financial Crisis of 2008. The disconnect between reality and theory manifested itself most clearly when the Queen of the United Kingdom pointedly asked why...
ACDC Leadership
Macro 3.1 AD, AS, and LRAS (Additional Version)
This is an old video where I explain aggregate demand, aggregate supply, and long run aggregate supply. Keep in mind that the "long run" is not a specific amount of time. The long run refers to enough time for resource prices (like...
Curated Video
Understanding Aggregate Demand and Its Expenditure Components
The video explains the concept of aggregate demand and its four expenditure components that make up the total expenditure for an economy's goods and services over time - consumption, investment, government spending, and net exports. The...
Curated Video
Deriving the Aggregate Demand Curve for Any Economy
This video is a lecture presentation that explains how to derive the AD (aggregate demand) curve for any economy. The presenter discusses the four main components of aggregate demand for any economy, namely consumption, investment,...
Curated Video
Sustainable Growth
In this video, the speaker provides a lesson on sustainability and focuses on the importance of achieving sustainable growth through shifts in the long run aggregate supply curve. He discusses two situations: a simple outward long run...
Curated Video
Aggregate Demand and Aggregate Supply Analysis: Exploring the Keynesian AS Curve
This is a lecture on aggregate demand and aggregate supply analysis, focusing on the Keynesian AS curve. The speaker provides examples of different impacts on the economy depending on which part of the AS curve is relevant at any given...
Institute for New Economic Thinking
Anton Korinek - Capital Flows, Crises and Externalities: A Primer
The Inaugural Conference @ King's, Institute for New Economic Thinking, Session 4: Toward a New Global Financial Architecture
ACDC Leadership
Macro 3.12- Economic Growth
Mr. Clifford explains how to show economic growth on the aggregate demand and supply model. LRAS shifts when there is a change in the quantity of resources, technology, or productivity.
Institute for New Economic Thinking
Steve Keen: Instability in Financial Markets 3/5
Steve Keen, Professor in Economics and Finance, University of Western Sydney speaking at the breakout panel entitled "Instability in Financial Markets: Sources and Remedies" at the Institute for New Economic Thinking's (INET) Paradigm...
Institute for New Economic Thinking
Duncan Foley: Macroeconomic Management After a Crisis (1/7)
The video shows the panel Macroeconomic Management After a Financial Crisis at INET's Bretton Woods Conference on April 9, 2011. The speaker in this segment is Duncan Foley, Professor at the New School for Social Research. The other...
ACDC Leadership
Economic Growth and LRAS- Macro Topic 5.6
In this video I show how LRAS can shift causing economic growth. Keep in mind that a changing in consumption or government spending doesn't lead to more output in the long run if there is not an increase in capital. To permanently...
Curated Video
Understanding Inflation: Types and Consequences
This video explains the concept and types of inflation. The video then discusses two main classifications of inflation, namely demand pull inflation and cost push inflation. It provides examples of what causes each type of inflation and...
ACDC Leadership
Macro Unit 3- Practice Questions #1
Some practice question videos are reserved for students that support ACDC Econ and purchase Ultimate Review Packet. The complete version of this video (and a bunch other hidden videos) comes with the packet. By the way, YouTube ad...
ACDC Leadership
Aggregate Demand- Macro Topic 3.1 (Old Version)
In this video. I explain the most important graph in most introductory macroeconomics courses- the aggregate demand model. In this video I cover aggregate demand (AD), aggregate supply (AS), and the long run aggregate supply (LRAS). Make...
Curated Video
Understanding Bank Rates and the Transmission Mechanism for Monetary Policy
This video explains the concept of bank rates and the transmission mechanism, which is the process by which a central bank's monetary policy decisions are passed on through financial markets to businesses and households. The video covers...
Curated Video
Understanding Aggregate Demand and Short-Run Aggregate Supply Shifts
This video explains the concepts of inward and outward shifts in aggregate demand and short run aggregate supply and how they affect the economy. The speaker talks about how these shifts can lead to changes in price level and real output...
ACDC Leadership
Macro Unit 3, Question 4: Price Level and Output
*Clarification* When I wrote of the board, I didn't clarify which country's imports decreased. IMPORTS fell for the major trading partner, so EXPORTS fell for the country we are analyzing. Aggregate demand falls.
Institute for New Economic Thinking
Lance Taylor: Maynard's Revenge
In INET's exclusive interview with Lance Taylor, he discusses the concepts behind his recent book "Maynard's Revenge: The Collapse of Free Market Macroeconomics"
Institute for New Economic Thinking
Shaikh’s path 4 Capitalism as a Turbulent System
Shaikh’s path 4 Capitalism as a Turbulent System